5 ms·

Is it an IPO if they’ve already previously been public?

by coob 5y ago

mise_en_place 5y ago
Yes, that doesn't change anything. Many companies have been taken private that were public, and then went public again. Your choice for going public is either an SPAC or an IPO/DPO.
Slartie 5y ago
Maybe we should call it a Secondary Public Offering then.
- kitd 5y ago
  YAPO? "Yet another public offering"
  - qeternity 5y ago
    HWGA - here we go again
- iam-TJ 5y ago
  I was just writing something similar after some research when I found this existing thread. Maybe we should refer to these public-private-public carousels as PEPOs (Private Equity Public Offering) ? :P Pedantic nit: not quite an IPO (Initial Public Offering) in its true sense since the original ARM Holdings was already a public limited company (PLC) before Softbank bought it from its shareholders in 2016. The trading entity and group parent is Arm Ltd, a private limited company formed in 1990 [0]. There is however a currently dormant Arm Holdings Ltd [1] incorporated in 2018 which may be converted to a public company so it would be the first time this legal entity has been publicly listed. [0] https://find-and-update.company-information.service.gov.uk/company/02557590 https://find-and-update.company-information.service.gov.uk/c... [1] https://find-and-update.company-information.service.gov.uk/company/11299879 https://find-and-update.company-information.service.gov.uk/c...
NetBeck 5y ago
"Returning to the market" were similar headlines when Dell went public again.[0][1][2] [0] https://www.reuters.com/article/us-dell-ipo-idUSKCN1OR14E https://www.reuters.com/article/us-dell-ipo-idUSKCN1OR14E [1] https://www.wsj.com/articles/dell-returns-to-public-equity-markets-11546011748 https://www.wsj.com/articles/dell-returns-to-public-equity-m... [2] https://www.theverge.com/2018/12/28/18159305/dell-stock-market-return-public-nyse https://www.theverge.com/2018/12/28/18159305/dell-stock-mark...
anshumankmr 5y ago
I think there is a term for this: Follow-on Public offering (FPO
parenthesis 5y ago
Stock market flotation.

Is it an IPO if they’ve already previously been public?

by coob 5y ago

Is it an IPO if they’ve already previously been public?

Yes, that doesn't change anything. Many companies have been taken private that were public, and then went public again. Your choice for going public is either an SPAC or an IPO/DPO.

Slartie 5y ago

Maybe we should call it a Secondary Public Offering then.

kitd 5y ago
YAPO? "Yet another public offering"
- qeternity 5y ago
  HWGA - here we go again
iam-TJ 5y ago
I was just writing something similar after some research when I found this existing thread. Maybe we should refer to these public-private-public carousels as PEPOs (Private Equity Public Offering) ? :P Pedantic nit: not quite an IPO (Initial Public Offering) in its true sense since the original ARM Holdings was already a public limited company (PLC) before Softbank bought it from its shareholders in 2016. The trading entity and group parent is Arm Ltd, a private limited company formed in 1990 [0]. There is however a currently dormant Arm Holdings Ltd [1] incorporated in 2018 which may be converted to a public company so it would be the first time this legal entity has been publicly listed. [0] https://find-and-update.company-information.service.gov.uk/company/02557590 https://find-and-update.company-information.service.gov.uk/c... [1] https://find-and-update.company-information.service.gov.uk/company/11299879 https://find-and-update.company-information.service.gov.uk/c...

NetBeck 5y ago

"Returning to the market" were similar headlines when Dell went public again.[0][1][2] [0] https://www.reuters.com/article/us-dell-ipo-idUSKCN1OR14E https://www.reuters.com/article/us-dell-ipo-idUSKCN1OR14E [1] https://www.wsj.com/articles/dell-returns-to-public-equity-markets-11546011748 https://www.wsj.com/articles/dell-returns-to-public-equity-m... [2] https://www.theverge.com/2018/12/28/18159305/dell-stock-market-return-public-nyse https://www.theverge.com/2018/12/28/18159305/dell-stock-mark...

anshumankmr 5y ago

I think there is a term for this: Follow-on Public offering (FPO

parenthesis 5y ago

Stock market flotation.